Welcome to our dedicated page for Gulfport Energy news (Ticker: GPOR), a resource for investors and traders seeking the latest updates and insights on Gulfport Energy stock.
Gulfport Energy Corporation (NYSE: GPOR) is an independent, natural gas-weighted exploration and production company focused on the exploration, acquisition and production of natural gas, crude oil and natural gas liquids in the United States. Its public disclosures highlight principal properties in eastern Ohio targeting the Utica and Marcellus formations and in central Oklahoma targeting the SCOOP Woodford and SCOOP Springer formations. The GPOR news feed on Stock Titan brings together these ongoing operational and financial updates in one place.
News about Gulfport commonly includes quarterly and annual financial and operating results, where the company reports net daily production, production mix, capital expenditures and liquidity. Releases also describe drilling and completion activity in the Utica, Marcellus and SCOOP areas, including wells spud, drilled, completed and turned to sales, as well as discretionary acreage acquisitions and appraisal projects such as U-development in the Utica and recompletion activity on historical Utica development.
Investors following GPOR can also expect news on Gulfport’s capital allocation decisions. The company has announced common stock repurchase authorizations, periodic common share repurchases and the redemption of its Series A Convertible Preferred Stock. It also reports on borrowing base redeterminations for its revolving credit facility, senior notes and the use of commodity derivative contracts to mitigate exposure to price fluctuations.
In addition, Gulfport issues communications about its Corporate Sustainability Report and conference calls and webcasts to discuss results and outlook. The GPOR news page on Stock Titan aggregates these press releases and related updates so readers can review the company’s reported production trends, capital programs, reserve information and corporate actions over time.
Gulfport Energy Corporation (NYSE: GPOR) has announced the appointment of John Reinhart as President, Chief Executive Officer, and Director, effective January 24, 2023. He succeeds Tim Cutt, who remains as Chairman of the Board. Cutt praised Reinhart's track record in operational excellence and leadership. Reinhart brings over two decades of experience in the oil and gas industry, previously serving as CEO of Montage Resources and Blue Ridge Mountain Resources. Gulfport focuses on natural gas exploration and production, primarily in the Appalachian and Anadarko basins.
Gulfport Energy Corporation (GPOR) reported a net production of 914.9 MMcfe per day for Q3 2022, with a net loss of $18.5 million and adjusted EBITDA of $172.7 million. The company reaffirmed a borrowing base of $1.0 billion and returned approximately $232.8 million to shareholders via repurchases. A top hole drilling rig will enhance efficiency in its 2023 development plan, with updated free cash flow guidance of $300 million for 2022. Gulfport expects a production increase of over 15% in Q4 2022, while maintaining a commitment to low-carbon energy production.
Gulfport Energy Corporation (NYSE: GPOR) will hold a teleconference and webcast on November 2, 2022, at 9:30 a.m. ET to discuss its third quarter 2022 results. A news release detailing its financial and operational performance will be issued after the market close on November 1, 2022. Investors can access the conference call via the Gulfport website or by dialing 866-373-3408 domestically. An audio replay will be available from November 3 to November 17, 2022.
Gulfport Energy Corporation (GPOR) reported strong Q2 2022 results with a net production of 959.1 MMcfe per day and $256.6 million net income. Adjusted EBITDA reached $204.5 million, while free cash flow stood at $80.3 million. The company expanded its stock repurchase program from $200 million to $300 million and has repurchased 2.2 million shares totaling $189.3 million. Despite inflationary pressures and a 45-day delay in Utica completion, Gulfport affirmed strong free cash flow outlook and updated its production guidance for the year.
Gulfport Energy Corporation (NYSE: GPOR) will host a teleconference to discuss its second quarter 2022 results on August 3, 2022, at 9:00 a.m. ET. A news release detailing the financial and operational results will be issued on August 2, 2022, after market close. Investors can listen live via the Gulfport website or by phone. The teleconference replay will be available from August 4 to August 18, 2022. Gulfport focuses on natural gas exploration and production, primarily in the Appalachia and Anadarko basins.
Gulfport Energy Corporation (NYSE: GPOR) reported Q1 2022 results, highlighting net production of 1,008 MMcfe per day and an adjusted EBITDA of $235.3 million. The company faced a net loss of $492 million but generated $253.7 million in net cash from operations. Gulfport expanded its stock repurchase program from $100 million to $200 million, repurchasing 748,000 shares for $63 million. The 2022 capital expenditure outlook increased to $400 million, with forecasted free cash flow now between $375 million and $425 million.
Gulfport Energy Corporation (NYSE: GPOR) will host a teleconference and webcast on May 4, 2022, at 9:00 a.m. ET to discuss its first quarter 2022 results. A news release with financial and operational results will be issued on May 3, 2022, after market close. Participants can join the conference call via Gulfport's website or by dialing 866-373-3408 domestically. A replay will be available from May 5-19, 2022. Gulfport focuses on the exploration and production of natural gas and oil in the U.S., primarily in the Appalachia and Anadarko basins.
Gulfport Energy Corporation (NYSE: GPOR) reported its financial results for Q4 and full year 2021, achieving a net income of $558.1 million and adjusted EBITDA of $224.9 million. The company generated $128.3 million in net cash from operations and $133.9 million in free cash flow. Gulfport plans to invest approximately $360 million in 2022, anticipating over 5% production growth. The company authorized a $100 million stock repurchase program and reported proved reserves of 3.9 Tcfe, with discounted future net cash flows of $4.1 billion.
Gulfport Energy Corporation (NYSE: GPOR) will host a teleconference and webcast on March 1, 2022, at 9:00 a.m. ET to discuss its fourth quarter and year-end 2021 results. A news release containing financial and operational results will be issued after market close on February 28, 2022. Participants can access the conference call via Gulfport's website or by dialing specific numbers provided for domestic and international calls. A replay will be available until March 15, 2022.
Gulfport Energy Corporation (GPOR) reported its Q3 2021 results, revealing a net cash flow of $126.3 million and free cash flow of $69.7 million. The company has authorized a stock repurchase program of up to $100 million and amended its credit facility, boosting liquidity by over $160 million. Key production details include a gross production rate of 250 MMcfe per day from the Angelo pad and a daily average production of 973.3 MMcfe. The 2021 full-year free cash flow guidance has been raised to $345-$365 million, showing operational strength and improved efficiencies.